Monthly Archives: August 2012

TSX Index candlestick chart analysis

Not an encouraging candlestick pattern on the weekly chart
TSX Index candlestick chart analysis showing volume and RSI.

TSX Index 3 Year Weekly Chart

Reference the last chart analysis for the TSX index based on the daily chart.

Must read articles from the Web:

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts with other technical indicators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

TSX Index candlestick chart analysis

TSX Index must hold 12,000 or it will test 11,500
TSX Index candlestick chart analysis showing the support and resistance levels.

TSX Index YTD Daily Candlestick Chart

Reference the last chart analysis for the TSX Index posted on August 17, 2012.

Must read articles picked from the Web:

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Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts with other technical indicators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

S&P 500 Index chart analysis

Another week and another chance for a breakout above 1,420
Candlestick chart for the S&P 500 Index showing support and resistance levels.  RSI is confirming the intermediate uptrend.

S&P 500 Index 6 Month Chart

Reference last weeks chart analysis for the S&P 500.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

S&P 500 Index candlestick chart

Can the S&P 500 break major resistance?
Intermediate uptrend for the S&P 500 Index with major resistance at 1,420.  RSI is confirming the uptrend.

S&P 500 Index 6 Month Candlestick Chart

The technical indicators in the above chart point to the index having a good chance to break major resistance which was the April, 2012 high. This will be a major test for the S&P 500 and the bears are waiting for any signs of capitulation. The only negative is the relatively light volume which is typical for the summer months. But, at least the volume has increased over the last three trading days. Take your signals from the market action and trade accordingly.

Reference the last candlestick chart analysis for the S&P 500

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

Technical analysis of the TSX Index

12,000 is now the critical support level
TSX Index in a near-term uptrend with a breakout above the lateral trading band.

TSX Index 1 Year Daily Bar Chart

A well constructed chart is like a good photograph: both do not require much written explanation to tell the story. Take your cue from the market and trade accordingly.

Reference the last chart analysis for the TSX Index based on the daily chart.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts with other technical indicators. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

VIX: The summer doledrums

Will not stay at this level for long
VIX is trading below the five year trading range.  It will not stay at this level for long.

VIX 5 Year Monthly Candlestick Chart

Referenced the last chart analysis for the VIX.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca

U.S. Treasury 10-Year Note chart analysis

Near-term uptrend with resistance at 1.700%
Near-term uptrend for the U.S. Treasury 10-Year Note with resistance at 1.700%. It will meet major resistance at the resistance level of 1.800% which is evident on the weekly chart. Also, note that the the intermediate lateral trading range and divergence of the the RSI which did not confirm the bottom of 1.400%.

U.S. Treasury 10-Year Note 1 year Chart

Near-term uptrend for the U.S. Treasury 10-Year Note with resistance at 1.700%.

Note the divergence between the oscillator (RSI) and the price action when the oscillator did not confirm the low of 1.400%.

Reference the last chart analysis for the 10-Year Treasury.

Relevant articles picked from the Web:

______________________________

Note: This technical analysis is for educational purposes so you can learn to trade online using candlestick charts. Please conduct your own chart analysis or consult your financial advisor before making investment decisions. The chart snippets are from BigCharts.com which I recommend and have used for fifteen years. The author of this article may hold long or short positions in the featured stock or index.

© 2012 TradeOnline.ca